Course Outline

How to Identify and Prevent Corporate Fraud

COURSE CONTENTS

A - Definition  and types of fraud

• Various standard definition of frauds
• What are white collar crimes?
• Accounting Fraud and its schemes

B - How fraud occurs

• The cycle of Fraud
• Red Flags

C - How to detect various types of fraud, various tools and methods

• Automated and other techniques to detect fraud
• Whistleblowing policy
• Fraud awareness

D - How to investigate fraud

• Dealing with initial suspicion.
• Interviewing suspects
• Preparing a fraud response plan

E - A general overview of Computer Forensics

• What is computer forensics?
• Legal implications relating to evidence
• How to conduct an investigation

F - Prevention techniques

• Background checks
• Tone at the top
• Code of ethics

G - Fraud Risk Assessment

• Review of control environment
• Identification of assets prone to fraud
• Risk Assessment process

H - How to implement a Fraud Control Framework

• Fraud Policies and procedures
• Guidelines for reporting

COURSE BENEFITS

Enter the mind of a fraudster and understand how they work, Deter fraud with advanced corporate planning and processes, Establish awareness and trust among employees to both deter and detect fraud, Determine departmental responsibilities for an effective approach to fraud management, Investigate and prosecute fraud effectively when it is found, Utilize your resources to combat electronic fraud comprehensively, Enforce adherence to anti-fraud guidelines and processes and Explore first-hand examples of fraud and how they were handled.

WHO SHOULD ATTEND

WHO SHOULD ATTEND This can be of particular interest to Directors, CFO’s, CRO’s, VPs, and other senior management individuals responsible for Audit and Control, Fraud Prevention, Risk Management, Security & Auditors and Accountants from the Internal Audit / Internal Control, Risk Management / Risk Analysis, Accounting Compliance & Legal Corporate Governance.